Karachi: The Karachi Stock Exchange experienced a bullish week, with the KSE-100 Index gaining 8,122 points, or 5.0% week-on-week, to close at 171,116 points on Friday. Despite a decrease in average daily trading volumes by 9.7% to 1.1 billion shares,…
Karachi: Allied Bank Ltd. (ABL) held an analyst briefing today to discuss its financial results for the first quarter of the calendar year 2026 and its outlook for the future. The bank reported a standalone net profit after tax (NPAT) of PkR8.3 billio…
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported stable exchange rates for the Pakistani rupee against major international currencies in the open market as of May 8, 2026. The US dollar closed at a buying rate of 279.14 and a se…
KARACHI: The Exchange Companies Association of Pakistan has announced the latest currency exchange rates for various currencies against the Pakistani Rupee. The rates are set for the interbank market and reflect the ongoing trends in the currency exch…
KARACHI: The Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), Sheikh Umer Rehan, has highlighted the need for Pakistan to focus on economic triumph following the nation’s success in the “Battle for Truth – Bunyan-un-Marsoos.” He pr…
Karachi: Meta has introduced new AI-powered age assurance measures across its platforms in Pakistan to strengthen online safety for teenagers. The initiative expands protections already available through Teen Accounts on Instagram, Facebook, and Messe…